Portola Hills Real Estate is Hot, Hot, Hot in August!
The Portola Hills real estate market was hot, hot, hot and we aren't talking about the weather. Sales Prices and Sales Volume were both up from the same time last year. With record breaking pricing in the Montecido community. The highest price sold for a 3 bedroom, 1300+ townhome in the Montecido community was sold for $622,000. When home buyers come up the hill to preview townhomes in the Ironridge community the Montecido community offers a great value, which in turn is driving up pricing of this community. As well, inventory is very low throughout South Orange County.
Below is a look at how the Month of August performed in Portola Hills.
If you are thinking of making a move, this is the market you have been waiting for! Interest rates are hovering between 2-3%, which provides you the ability to purchase your move up property for less.
Please don't hesitate to give Kelly Turbeville a call to review if now is the right time for you to make a move. GPS real estate group with Keller Williams will review in detail your goals and priorities and provide you with a strategy to ensure they are met. We understand the hyper local market, provide exceptional marketing and technology to find the perfect buyer for your home!